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Going green: Apple to build solar power project in China

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By Newsgram Staff Writer

Apple has been striving to power all of its facilities worldwide with renewable energy including China. It is building a 40-MW solar power project in China’s southwestern plateau to work toward its environmental and climate commitments, a senior company executive said on Thursday.

The project, which will be able to power 61,000 homes a year, will add 80 million kilowatt hours of clean energy to the grid annually, said Lisa Jackson, vice-president for environmental initiatives at Apple.

“We are excited about the amount because it will generate far more energy than is being used by all of our offices and retail stores in China,” Jackson told Xinhua news agency.

The project will consist of two arrays of solar panels, which will be installed 85 miles apart in Hongyuan county and Zoige County of Ngawa Tibetan and Qiang regions of Sichuan province, Jackson said.

“We will put the clean energy onto the local grid in Sichuan and buy the power wherever the stores and offices are,” she said. After US, China is next on the list.

The company increasingly relies on solar power. In February, it had announced to pay $848 million to buy electricity from a large solar power plant to be built by First Solar.

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Out of Total Tax Fine of $15 billion, Apple Pays $1.77 billion to Irish Government

In August 2016, the European Commission said that Apple benefited from illegal tax benefits in Ireland from 2003 to 2014.

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Apple pays $1.77 billion of total $ 15 billion fine. Pixabay

Apple has paid $1.77 billion of total $15 billion to the Irish government as it begins to collect tax and interest into an escrow account set up to hold the sum.

“This is the first of a series of payments with the expectation that the remaining tranches will flow into the fund during the second and third quarter of 2018 as previously outlined,” the Irirsh Times quoted Minister for Finance Paschal Donohoe as saying after the first transfer.

In August 2016, the European Commission said that Apple benefited from illegal tax benefits in Ireland from 2003 to 2014.

Meanwhile, Apple and Ireland are still pursuing appeals against a 2016 European Commission’s decision saying the iPhone maker’s tax treatment was in line with Irish and European Union law.

Apple pays fine
Apple pays fine to Ireland Government. Wikimedia commons

In 2016, the EU ordered the iPhone maker to pay almost $15 billion in back taxes to Ireland as it believed Ireland had not been collecting enough taxes and instead had been giving companies like Apple too big of a break on its already low 12.5 per cent tax rate.

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Apple has reportedly moved its cash to the small island of Jersey off the south coast of England to avoid further Irish taxation, CNET said in a report.

The Irish government expects that all of the money would be transferred by the end of September. (IANS)

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